PAIR:- GBPCAD
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF + Trend Lines + Fib Level + Candlestick pattern
Re-tested 100% fib levels and bounced off the support @ fib.
Following trend line in uptrend (red)
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 1.56177
SL:- 1.4807 @ previous LL
RR:- 2:1
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF + Trend Lines + Fib Level + Candlestick pattern
Re-tested 100% fib levels and bounced off the support @ fib.
Following trend line in uptrend (red)
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 1.56177
SL:- 1.4807 @ previous LL
RR:- 2:1
Trade closed manually
Due to FED news where they have increased the interest rates by 75 points, volatility was seen and dip was expected and then experienced it as well to $-3 loss from $200 profit, thus trade was closed manually.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.